Director of Finance

4 weeks ago


Chicago, United States Intrinsic Edge Capital Management Full time

Intrinsic Edge Capital Management LLC (“IECM”) is a fundamental, catalyst driven investment firm with over 20 years of experience focusing on small and mid-capitalization US equity securities. IECM has an opening in its downtown Chicago office for a Director of Finance and Operations, who will manage & lead day-to-day activity within the finance and operations functions. This role will report to the COO of IECM.


Job Duties and Responsibilities:


  • Collaborate with CIO & COO to determine and implement business strategy, new initiatives, organizational priorities and special projects
  • Responsible for day-to-day firm middle office operations, including:

- All functions, systems and reporting

- Reviewing positions daily, including the review & reconciliation of daily profit and loss, exposures and breaks

- Trade volume capture and tracking fees/ commissions paid to brokers and financing counterparts

- Working with trade desk to ensure smooth execution and settlement process

  • Oversee key 3rd party service provider & vendor relationships (with certain exceptions like audit and compliance vendors, who will be overseen by the Controller and CCO)
  • Manage and refine treasury, portfolio finance and cash management function; unencumbered equity and collateral management – manage all cash infrastructure for funds and management company
  • Manage and grow/ add relationships with Prime Brokers, Custodians, Investment Banks & other street counterparts as strategies and AUM evolve
  • Take a leadership role in management company operations, including participation in appropriate management company oversight committees
  • Responsible for preparation and maintenance of Operational Due Diligence packet for investors
  • Aggregate data for use in periodic regulatory filings, working alongside CCO
  • Jointly with CCO, investigate, secure and maintain requisite insurance policies – D&O/ E&O, Fidelity Bond, etc – manage relationships with Insurance brokers
  • Assist in the preparation and review of monthly marketing materials for IECM funds
  • With Controller’s group, participate in the review of the monthly financial statements and tax return preparation processes
  • Provide any other support to Controller’s group and Chief Operating Officer, as necessary


Qualifications:


  • Bachelor’s degree required; CPA/ CFA preferred
  • 12+ years of relevant financial services industry experience, hedge fund experience preferred
  • Strong accounting skills & experience a plus and will serve to differentiate candidates
  • Strong written and verbal communication skills
  • Personable, values accuracy, organized, and displays ethical behavior


IECM is an Equal Opportunity Employer



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